CVC, Koch, Ball & Partners

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14 May 2013

On 15 April 2013, CVC Capital Partners Limited announced it was in preliminary discussions with Richard Koch, Antony Ball and partners (together the "Consortium") regarding options in respect of Betfair Group plc ("Betfair"). The Consortium confirms it has been unable to agree financial terms with the board of Betfair and as a result has no intention of making an offer for Betfair. Accordingly, the Consortium is bound by the restrictions under Rule 2.8 of the City Code on Takeovers and Mergers.


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